DealerTrack Integrates Kelley Blue Book® and Black Book® Used Car Values
Into BookOut™ Feature
Lake Success, NY, May 6, 2005 - DealerTrack, Inc. today announced that it is enhancing its DealerTrack BookOut™
product with the addition of Kelley Blue Book® and Black Book® used car values. Kelley Blue Book will be available
later this month, and Black Book will be available in the second half of 2005. DealerTrack BookOut, which
automatically integrates updated used vehicle valuations with online credit applications, was launched last December
with N.A.D.A. Official Used Car Guide® values.
"Adding Kelley Blue Book and Black Book values to our BookOut feature is an important product enhancement for our
dealer customers who want fast and easy electronic access to used car values," said Vince Passione, Executive Vice
President and Chief Operating Officer at DealerTrack.
Many automobile dealers and financing sources still rely on a variety of printed guides that are issued monthly with
updated used vehicle valuations. Information must be located correctly in the latest guide and then entered manually
into documents, a time-consuming process with numerous opportunities for human error. With DealerTrack BookOut,
dealers can quickly obtain the latest used car values online and seamlessly transfer them into credit applications,
which can then be submitted electronically, printed or saved.
DealerTrack operates a leading online automotive sales and finance network connecting approximately 24,000
dealers and 120 financing sources to its online credit application system, which is free to the dealer. By integrating the
full suite of subscription products, dealers can build a sales and finance management solution that enables them to
submit credit applications, desk their deals, get credit decisions quickly, present a menu of financial options, complete
contracts electronically, and improve compliance in their dealerships. DealerTrack also offers access to credit reports
and used vehicle valuations, activity